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Search Results 81 to 105 of about 106 (some duplicates have been removed)
they go to washington, it is not an act of philanthropic on the pentagon -- and at the plant for be on the pentagon fell apart -- it is not a philanthropic act on the pentagon's part. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? because the global surplus of recycling mechanism was sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. volcker's paper, which are when i read a few year
that preparation before running into the pentagon and he has done a is he person job. very tough job. even he said that we face some dire devastating times ahead if sequestration goes ahead. chuck hagel seems to think that we can cut, quote, more the bloat out of the pentagon. there probably is some over there. but you need to understand the system right, given of the republican opposition i don't know that the president gets a lot of credit for bipartisanship. more likely the cuts that they agree on. lt. colonel bob maginnis thanks so much we appreciate it. >> thanks, dave. >> small businesses set to take big hits in 2013. that could take an effect on your wallet. we'll explain next. my pet chicken just saved my life. how this hero bird came to the rescue of an entire family. and that's not even the coolest part of this story. i'm sticking around. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve
of faith with our soldiers makes him not the right man to leave the pentagon. he went on in 2007 not only to oppose the surge and delay war funding and vote for a mandatory withdrawal from iraq at the same time. >> i want to quote directly from senator heigle at that time. there will be no defeat and no victory for the united states in iraq. and the time for more troops in iraq has passed. and it went on to say that -- i will just read this here, my comments 14 years ago were in -- actually this is in regard to a different issue. let's take that off and we will get to that in a moment. you were the platoon leader before it even happened. >> i was leading a 41-man with the 101st airborne in baghdad in 2006. those men fought bravely. they helped stabilize our sector of the city 1k3 defeat al-qaeda and other foreign terrorists and protect other civilians. they are proud of their accomplishments and no one told them at the time we would not achieve victory and we needed to withdraw from the country. today's fighting troops we have 68,000 troops in afghanistan. they deserve secretary of defens
increases for everybody. the automatic spending cuts to the pentagon have huge ramifications. and most economists would say if this happens, there's major risk that the economy goes back into recession. >> jon karl, not the news we wanted to hear. thank you. >>> now to paula faris with the top stories. good morning. >> merry christmas eve to both of you. good luck with the shopping. >> we need it. >>> we begin in afghanistan. for the first time ever, a female officer is the one who opened fire. an afghan policewoman shot and killed a u.s. military adviser just outside the police head quarters in kabul. >>> vietnamese fishermen rescued a florida man on a disabled yacht. he and three others were towing the yacht from the philippines when the tow rope broke. >>> a senator from idaho is apologizing this morning after he was arrested over the weekend for driving drunk. mike crapo has said previously he does not drink. >>> there's no evidence this morning we don't feel good about the economy. a new abc news/"washington post" poll finds that three-quarters of americans say we're in a recessio
at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted barely 100 hours, and then it was done. his own chief, former president george h.w. bush, issuing a statement from his hospital bed in houston, saying "general norm schwarz cough, to me, epit to mized the duty, service, country creed that has defended our k e freedom and seen this nation through our most trying international crises, and more than that, he was a good and decent man." that from former president george h.w. bush. he is remembered for his fiery temper, bu
of the policy moves in the direction of the democrats, right? tax rates go up. big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles
with the sequester? where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense, half of that is discretionary. the kick the can mini deal solution that we're talking about would identify some subset of spending cuts that would be the lowest hanging fruit still available that might turn off the sequester, or they could just turn off the trigger all together. the sequester exists because of a law passed by congress, another law passed by congress could change it. >> good to see you, john. thanks for the update. >> mastercard spending pulse saying it's the lowest level of 2008. high end is one of the areas getting hit hard. tom is managing director at the tellsee advisory group
, pentagon, watergate, iran-contra. >> clayton: i've had the pleasure of meeting him over the years and usually a fair-minded person so for him to come out and say this in person, he may have some evidence to show it's credible and may keep pushing forward. a lot of people are not happy the way that benghazi unto folded, that we were caught flat-footed and even though there were military members. >> and specifically what he's referring to, having read the transcript, on thursday there was a senate foreign relations committee asking exactly the same questions they asked on the first day of the benghazi tragedy and that is the cia memo left the cia with the specific references to al-qaeda in it. by the time the memo was presented to susan rice and came out of her mouth on the sunday morning talk shows, those records as to al-qaeda had been spiked, who did that? even after the report, they don't know who sponged those references. once again on thursday, he says, come on, this is the question. >> and four individuals lost their jobs at the state department as a result of the report that
over its price. but lockheed and the pentagon have come to terms to buy another round of the jets for nearly $4 billion. morgan stanley calls the f-35 the single most important investment debate over lockheed stock. second, cash will be king. as defense spending slows, analysts say many defense companies will reduce share buyback programs and conservative capital. and look to international customers to make up for lost business at home. third, it's a bird, it's a plane, it's big brother. as criticism rises over the use of drone strikes by the obama administration, look to see companies launching drone war at home for deals to build unmanned aircraft for domestic use. the faa says there could be 30,000 uavs in u.s. skies by 2020. the teal group says domestic drones could be worth $89 billion over ten years, as everyone from homeland security to tmz wants permission to use them. >>> let's get some more insight on the defense skprkt how to play it as the fiscal cliff deadline grows closer. howard rubel is with jeffries. great to speak with you. and i guess key to understanding the im
, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the american, but you know what i mean. well, paul volcker -- that name may ring a bell. in 1971, pau
, so do have the debt ceiling fight coming up. when you say that it faces and, you expect the pentagon to say we would just hold everything? certainly years, serving months ahead of time. they have to plan on how many people to have in their workforce -- in the force, recruiting. you cannot turn on a dime, like a huge oil tanker. >> john, we will focus on folks that we did not know who are here. we will come right back. don't go away. take five minutes. >> this is just -- >> we saw senators mccain and 11 decide they will come back in a couple of minutes. as we wait, back to something that took place earlier this morning outside the capital. -- the capitol. >> i want to thank you for being here to call on house republicans not to drop the ball on the middle-class. also for the house to show up for work, right? the president is down at the white house, senator harkin and his colleagues are here. they are out on a paid vacation right now. boehner walked out of the allegations with the present and then he walked out of the house and tell all members to go home while we are four days away f
knocked himself out. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard copy record of every decision made. because of where we are today most of the orders and instructions are seventh back and forth by secured telephone. it became apparent that we're not going have a record of the decisions made unless we have a record ourselves. any time i had a conversation i wrote down what i said and what is being said to me. i had someone in there who would write down every time i made a decision and he would log it into a private journal that we kept of every decision that was happening during the war. if it had not been through that the book would not be written. >> where
anyone really believe there is not a single dollar to be saved anywhere in the pentagon? the american people have spoken. they have made it loud and clear they want a balanced approach that casts the wealthiest americans to pay a little bit more. it protect our seniors, children, and our most vulnerable neighbors. the republican leaders refuse to listen. let me say another thing. i would say my republican freshman colleague -- i remember the promises of things you said would change. i would say, you own this now. you have officially become part of the problem, if not the problem. it is a vote against accountability. let me say this, my republican friends have made it on fashionable to worry about the poor and the elderly and the vulnerable. i urge my colleagues not to turn your backs on the most needy. let's balance our budget in a way that does not lower the quality of life or decrease the standard of living. we can do so much better. instead of doing this, you should be negotiating with the president. go back to the negotiating president and stop the game. >> i yield 5 minutes to my
partnering with the pentagon to send 35 additional detachments of the marine security guards that's about 235 marines to the medium and high for outposts where they will serve as a visible deterrent to a hostile act. that is on top of the 150 detachments we already deployed. we are aligning resources in the 2013 budget request to address the physical form a devotees and reinforce the structures wherever needed to address the risk from fire. let me add we may need your help to ensure that we have the authority to streamline the usual process that produced faster results. we are seeking to hire more than 150 diplomatic security personnel and increased 5% to provide them with the equipment and training that they need. there is the arb recommended we will target them squarely at securing our - outposts. i want to second the praise for the professionals. i served in this department for only two years having come from the private sector. however, as i travel to places like iraq, afghanistan and pakistan i have seen firsthand how the dedicated men and women risk their lives. we all hold them with a
of state and the new speculation about chuckle over at the pentagon. here are the comments of congressman dingell, the incoming democratic member of the house foreign affairs committee. but there is a huge opposition to the potential nomination of chuckled to become the next secretary of defense, even the president obama has not made his decision. the former senator has come under fire for statements he has made, including one where he referred to the pro-israel lobby as the "jewish lobby." what is your reaction to that remark? >> i think that remark is a troublesome and problematic. it shows that the very best, a lack of sensitivity, and at the very worst, prejudice. i am concerned about the nomination. chuck if has been in the senate for a number of years. there is not only a lot of controversy with that remark, but with some of his boats -- votes. i have been hearing it from what my constituents, mainly in opposition to his nomination. >> you mentioned his boats. there are two sets of things -- he declined to sign some letters in the senate that were related, issues relating to the mid
resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of videotapes. the allegation is made on september 26th. the tapes go back one month. and they don't know what might have happened before that. suzanne? >> all right. barbara starr, thank you for following that story. appreciate it. >>> meet a man who has taken a stand on the national debt by trying to pay it off himself. and a choice. h n take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searc
at the pentagon. barbara, there's outrage from a lot of folks about this. the nra came out pretty strong about arming the schools. is there any kind of middle ground here from those who say, look, we want to stop gun violence, but there has to be a better way to protect the children? >> the nra didn't double down on what it wants, which is a focus on armed security personnel in schools. what other people say, suzanne, is, look, that's not a new idea. school districts have grappled with security for years, and some have gone this way. even in the 1999 terrible massacre at columbine high school in colorado, there was an armed security person on the school grounds at that time. it helped a little bit, but obviously, not able to stop what happened there. the people who want to see another way to go, many in congress are talking about a package of solutions. some new measures on gun control. some new measures on high-powered magazines. taking another look the at school safety. taking a look at how this country deals with with those who are mentally ill. this package of solutions they say that the p
head no matter who the nominee is for secretary of defense will be the pentagon budget. can the military survive the spending cuts as they stand the fiscal cliff? >> if the fiscal cliff goes into -- goes into effect as of january -- initial january 2, it will be in effect. if that goes into effect on that day there will be serious cuts that will be mandated and affect the national security and it is -- exactly the wrong thing to be doing. as i indicated before, there are cuts that can be made in the defense budget. they have to be managed properly and not simply across board-type of arbitrary slashing of that budget. i think that will endanger our security and we can make further cuts. it has to be done prudently and with discussion and wisdom. i don't think that's the congress should take or wants to take. unfortunately, there aren't enough people up there willing to back away and do the right thing under the circumstances. yes, it will be a hardship and one this country should not have to endure. >> all right. thank you, mr. secretary. great to see and you appreciate your
that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as small as a million dollars would be taxed. most democrats want to see something in the middle. they're adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> lori montgomery, to expect anything else to go on today? when is the earliest that the senators will come back in for session tomorrow? >> the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark. it is very difficult to imagine what could pass the house. as for today, it is an excellent question. the senate is not in, the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach
with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they are adamant that we cannot exempt states as large as $5 million. >> lori montgomery, do we expect anything going on today, and if not, when is the earliest the senators will come back and recession tomorrow? >> the senate is due back in at 1:00. the house is due in at 6:30. the house is the big question mark here. as for today, it is an excellent question. the senate is not in. the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach an agreement co. i will be interesting to see if they give us any information today. >> lori montgomery of the "washington post." find her articles at wp.com. >> both chambers of cong
to washington, it is not a philanthropic act on the pentagon's part. -- to instruct boeing to build . it is pragmatic. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. 60's.950's and the 19 a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? -- why did it end? because the global surplus of recycling mechanism was sustained. -- could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still nation
coalition troops, contractors have been killed in these incidents. >> barbara starr at the pentagon, thank you for that. >>> lisa sylvester is monitoring some of the other top stories in "the situation room." >> well, egypt's new upper house of parliament convened today. they will have legislative powers until a lower house is elected. signed in to what you, the controversial charter was approved in two weekend rounds of voting but turnout was just 32%. critics say the constitution excludes minority rights. >>> and the recovery in the housing mar are ket remains on pace. home prices up 4.3% in october over last year. that is the biggest percentage increase and n. more than two years. near record low mortgage rates and fewer foreclosures are pepping spur saleses which is boosting prices. >>> and the world's longest high speed rail line is up and running in china. the 1428 mile line spans more than half of the country linking the capital of beijing to the southern chinese boom city. trains will run at 186 miles an hour on average and china aims to have more than 74,000 miles of high speed ra
Search Results 81 to 105 of about 106 (some duplicates have been removed)